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Yes to fixing power consumption. The chip they have planned for the first half of 2013 can run indefinitely on a solar panel -- kind of like the solar powered calculators.
Of course this doesn't apply to the display or any wireless/radio so we won't be seeing plugless tablets for quite some time.
Also, note that this doesn't imply that Android will be only optimized for Intel. My read is that Intel optimizations will now be on a par with those included for ARM -- although that wasn't explicitly stated.
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